#Bitcoin Update
within the next 44 days for
BTC I am expecting this potential move, we have the descending broadening wedge pattern (white lines) which is a reversal pattern.
We then have the ascending triangle (blue) which is also a bullish pattern. and inside of the triangle we have a W pattern which is a double bottom that formed on the 200 ema and 200 ma which indicates that could have been the bottom.
the 55 ema is now acting as resistance, once we flip that, I believe it will be a explosive move up
within the next 44 days for
BTC I am expecting this potential move, we have the descending broadening wedge pattern (white lines) which is a reversal pattern.We then have the ascending triangle (blue) which is also a bullish pattern. and inside of the triangle we have a W pattern which is a double bottom that formed on the 200 ema and 200 ma which indicates that could have been the bottom.
the 55 ema is now acting as resistance, once we flip that, I believe it will be a explosive move up
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.